RAMIRENT PLC         INTERIM REPORT   12.8.2009	AT 9:00 AM                      

RAMIRENT'S JANUARY-JUNE 2009: SOLID CASH FLOW GENERATION IN DECLINING MARKET    

Note! Figures in brackets, unless otherwise stated, refer to the same period a  
year earlier.                                                                   

JANUARY-JUNE HIGHLIGHTS                                                         
- Net sales decreased by 28% to EUR 246.8 (342.9) million; -21% at constant     
currency                                                                        
- Operating profit of EUR 20.7 (65.0) million with a margin of 8.4% (19.0%)     
- Net profit of EUR 9.0 (41.2) million and EPS of EUR 0.08 (0.38)               
- Gross capital expenditure was EUR 7.3 (172.1) million                         
- Operative cash flow after investments of EUR 45.7 (-84.7) million             
- Net Debt decreased to EUR 254.8 (373.5) million                               
- Gearing decreased to 86.1% (112.5%) from 107.8% at year-end 2008              
- Financing secured by extending EUR 100 million term loan facility until 2014  

SECOND QUARTER HIGHLIGHTS                                                       
- Net sales decreased by 31% to EUR 124.6 (180.8) million		                     
- Operating profit of EUR 13.5 (35.5) million with a margin of 10.8% (19.6%)    
- Net profit of EUR 8.5 (21.7) million and EPS of EUR 0.08 (0.20)               
- Operative cash flow after investments of EUR 27.8 (-29.9) million             

OUTLOOK                                                                         
Forecasts indicate construction volumes to decline significantly in most of     
Ramirent's operating countries in 2009. Ramirent expects also the equipment     
rental market environment to remain difficult throughout the rest of the year.  
As customers' order intake is low and long-term projects are being finalised,   
Ramirent foresees worsened market conditions in the Nordic countries and also in
Central Europe during the second half of 2009. The financial outlook for 2009 is
unchanged. Due to the high level of uncertainty, no profit guidance is given.   

--------------------------------------------------------------------------------
| (EUR million)      | 4-6/0 | 4-6/0 | 1-6/0 | 1-6/0 | Change | 2008           |
|                    | 9     | 8     | 9     | 8     |        |                |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net sales          | 124.6 | 180.8 | 246.8 | 342.9 | -28.0% | 702.6          |
--------------------------------------------------------------------------------
| Operating profit   | 36.1  | 60.0  | 66.4  | 112.1 | -40.7% | 188.8          |
| before             |       |       |       |       |        |                |
| depreciation       |       |       |       |       |        |                |
| (EBITDA)           |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Operating profit   | 13.5  | 35.5  | 20.7  | 65.0  | -68.2% | 79.7           |
| (EBIT)             |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| % of net sales     | 10.8% | 19.6% | 8.4%  | 19.0% |        | 11.3%          |
--------------------------------------------------------------------------------
| Profit before      | 11.3  | 30.3  | 12.3  | 56.4  | -78.2% | 50.7           |
| taxes (EBT)        |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Net profit for the | 8.5   | 21.7  | 9.0   | 41.2  | -78.1% | 33.7           |
| period             |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Earnings per share | 0.08  | 0.20  | 0.08  | 0.38  | -78.1% | 0.31           |
| (EPS) diluted and  |       |       |       |       |        |                |
| non-diluted, EUR   |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Return on invested |       |       | 10.1% | 25.8% |        | 17.5%          |
| capital (ROI), %   |       |       |       |       |        |                |
| 1)                 |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Net debt           |       |       | 254.8 | 373.5 | -31.8% | 303.0          |
--------------------------------------------------------------------------------
| Gearing, %         |       |       | 86.1% | 112.5 |        | 107.8%         |
|                    |       |       |       | %     |        |                |
--------------------------------------------------------------------------------
| Equity ratio, %    |       |       | 42.5% | 37.5% |        | 37.4%          |
--------------------------------------------------------------------------------
| Gross capital      | 4.8   | 79.1  | 7.3   | 172.1 | -95.8% | 201.3          |
| expenditure        |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Operative cash     | 27.8  | -29.9 | 45.7  | -84.7 |        | 7.0            |
| flow after         |       |       |       |       |        |                |
| investments        |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| Personnel at end   |       |       | 3265  | 4134  | -21.0% | 3894           |
| of period          |       |       |       |       |        |                |
--------------------------------------------------------------------------------
| 1) Calculated on a |       |       |       |       |        |                |
| rolling twelve     |       |       |       |       |        |                |
| month basis.       |       |       |       |       |        |                |
--------------------------------------------------------------------------------

MAGNUS ROSÉN, RAMIRENT CEO:                                                     

"Market conditions are challenging in most of our markets, and the decline in   
net sales continued in the second quarter of the year. Our current priority to  
safeguard profitability and cash flow has proved successful. By maintaining a   
restrictive capital expenditure regime and taking actions to adjust our cost    
base to lower sales volumes, the Group was able to deliver a healthy cash flow  
and a resilient EBIT margin also for the second quarter.                        

The cost savings program is progressing according to plan. At the end of the    
second quarter our workforce had decreased by 772 persons since the program was 
initiated. The Group headcount is expected to decrease further to around 3,100  
by year-end 2009. The market environment remains however difficult. We will     
maintain our focus on implementing cost saving actions, continuing to right-size
our fleet and re-allocating fleet capacity between markets to support           
utilisation. Contingency plans are in place to address the risk of further      
market decline and we are ready to take further actions if necessary."          


RAMIRENT'S JANUARY - JUNE 2009 INTERIM REPORT                                   

MARKET REVIEW                                                                   

During the review period, the market situation weakened further in our markets. 
Construction activity slowed dramatically in the Baltic States as well as in    
Ukraine and in Russia. In the Nordic region, the Danish and Norwegian markets   
remained silent, and signs of a significant contraction were seen also in       
Finland and Sweden. The construction output contracted in Czech Republic and    
Slovakia, and also in Poland in the second quarter. In Hungary, the recession   
continued and construction activity remained on a low level. In all Ramirent    
countries, low visibility and high uncertainty continued due to the global      
economic slowdown.                                                              

NET SALES                                                                       

Ramirent's January-June 2009 net sales decreased 28% to EUR 246.8 (342.9)       
million due to declining construction activity and weakening in the Group's     
major operational currencies. At constant currency, Group net sales would have  
decreased 21%. Net sales decreased in all segments especially in Europe East    
compared to the corresponding period previous year. Net sales by segment were as
follows:                                                                        

--------------------------------------------------------------------------------
| Net sales  |       |       |        |         |          |        |          |
--------------------------------------------------------------------------------
| (EUR       | 4-6/0 | 4-6/0 | Change | 1-6/09  | 1-6/08   | Change | 1-12/08  |
| million)   | 9     | 8     |        |         |          |        |          |
--------------------------------------------------------------------------------
| Finland    | 33.8  | 39.3  | -14%   | 62.6    | 72.7     | -14%   | 154.4    |
--------------------------------------------------------------------------------
| Sweden     | 32.6  | 45.4  | -28%   | 64.7    | 87.1     | -26%   | 171.4    |
--------------------------------------------------------------------------------
| Norway     | 25.2  | 38.5  | -35%   | 54.1    | 75.6     | -29%   | 145.9    |
--------------------------------------------------------------------------------
| Denmark    | 11.6  | 15.0  | -23%   | 22.9    | 28.7     | -20%   | 59.0     |
--------------------------------------------------------------------------------
| Europe     | 12.0  | 23.4  | -49%   | 21.3    | 43.5     | -51%   | 89.9     |
| East       |       |       |        |         |          |        |          |
--------------------------------------------------------------------------------
| Europe     | 16.3  | 21.0  | -22%   | 30.4    | 37.6     | -19%   | 88.7     |
| Central    |       |       |        |         |          |        |          |
--------------------------------------------------------------------------------
| Eliminatio | -6.9  | -1.8  |        | -9.0    | -2.3     |        | -6.7     |
| n between  |       |       |        |         |          |        |          |
| segments   |       |       |        |         |          |        |          |
--------------------------------------------------------------------------------
| Total      | 124.6 | 180.8 | -31%   | 246.8   | 342.9    | -28%   | 702.6    |
--------------------------------------------------------------------------------


FINANCIAL RESULT                                                                

Operating profit before depreciation (EBITDA) was EUR 66.4 (112.1) million with 
margin of 26.9% (32.7%). Profitability was burdened by the rapid drop in sales. 
Fixed costs were 19% lower year on year. The net of reversal of restructuring   
provisions and increased provisions for new restructuring actions totalled EUR +
1.1 million. The Group's operating profit (EBIT) was EUR 20.7 (65.0) million    
representing a margin of 8.4% (19.0%). Depreciations amounted to EUR 45.8 (47.1)
million.                                                                        

Second quarter EBITDA-margin was 29.0% (33.2%) which was an improvement compared
to the first quarter 2009 reflecting further implementation of cost saving      
actions. Ramirent second quarter EBIT-margin was 10.8% (19.6%).                 

Operating profit and margin by segment were as follows:                         
Operating profit					
(EUR million)	4-6/09	4-6/08	1-6/09	1-6/08	1-12/08
Finland	         4.9	9.8	5.8	16.3	30.5
% of net sales	14.4%	25.0%	9.2%	22.5%	19.8%
Sweden	         6.9	10.3	12.2	19.3	29.9
% of net sales	21.1%	22.6%	18.8%	22.2%	17.4%
Norway	         3.4	7.8	5.9	14.8	15.1
% of net sales	13.4%	20.4%	10.9%	19.5%	10.4%
Denmark	         0.4	1.7	0.4	2.5	0.7
% of net sales	3.6%	11.1%	1.5%	8.7%	1.1%
Europe East	-3.3	3.7	-6.6	7.9	-1.4
% of net sales	-27.4%	16.0%	-31.1%	18.1%	-1.5%
Europe Central	1.6	2.0	2.3	3.5	8.4
% of net sales	9.5%	9.3%	7.5%	9.3%	9.5%
Net items not allocated to operating segments	
                  -0.4	0.2	0.9	0.7	-3.5
Group operating profit	
                  13.5	35.5	20.7	65.0	79.7
% of net sales	10.8%	19.6%	8.4%	19.0%	11.4%
                                                   

The net financial items were EUR -8.4 (-8.6) million in the review period and   
the Group's profit before taxes was EUR 12.3 (56.4) million. The net profit for 
the review period was EUR 9.0 (41.2) million. Earnings per share were EUR 0.08  
(0.38). The return on invested capital was 10.1% (25.8%) and the return on      
equity was 0.5% (34.3%).                                                        


CAPITAL EXPENDITURE, CASH FLOW AND FINANCIAL POSITION                           

The Group's gross capital expenditure on non-current assets totalled EUR 7.3    
(172.1) million, of which EUR 6.4 (139.2) million was attributable to           
investments in machinery and equipment.                                         

Disposals of tangible non-current assets at sales value were EUR 9.1(11.7)      
million, of which EUR 8.7 (8.8) million was attributable to machinery and       
equipment.                                                                      

The Group's first-half year cash flow from operating activities amounted to EUR 
41.7 (59.7) million. Cash flow from investing activities amounted to EUR 4.0    
(-144.4) million. Cash flow from operating and investing activities totalled to 
EUR 45.7 (-84.7) million.                                                       

Ramirent's interest-bearing liabilities totalled EUR 256.4 (375.5) million. Net 
debt amounted to EUR 254.8 (373.5) million at the end of the review period.     
Gearing decreased from 107.8% at the year end 2008 to 86.1% (112.5%).           

On 30 June 2009, Ramirent had unused committed back-up loan facilities available
of EUR 198.9 million.                                                           
                                                                                
Total assets amounted to EUR 696.0 (885.7) million. Group equity totalled EUR   
295.9 (332.1) million. The Group's equity ratio was 42.5% (37.5%).              

After the review period, Ramirent's syndicated credit facility agreement was    
amended introducing a EUR 100 million amortising five-year term loan facility to
be utilised for repayment of loans maturing in the first half of year 2010.     


PERSONNEL AND OUTLET NETWORK                                                    

--------------------------------------------------------------------------------
|                |   Employees |   Employees |       Outlets |         Outlets |
--------------------------------------------------------------------------------
|                |     30 June |     30 June |      30 June  |         30 June |
--------------------------------------------------------------------------------
|                |        2009 |        2008 |          2009 |            2008 |
--------------------------------------------------------------------------------
| Finland        |         626 |         808 |            84 |              95 |
--------------------------------------------------------------------------------
| Sweden         |         552 |         667 |            58 |              57 |
--------------------------------------------------------------------------------
| Norway         |         582 |         687 |            40 |              38 |
--------------------------------------------------------------------------------
| Denmark        |         190 |         254 |            20 |              18 |
--------------------------------------------------------------------------------
| Europe East    |         424 |         682 |            47 |              52 |
--------------------------------------------------------------------------------
| Europe Central |         875 |        1020 |           102 |              97 |
--------------------------------------------------------------------------------
| Group          |          16 |          16 |               |                 |
| administration |             |             |               |                 |
--------------------------------------------------------------------------------
| Total          |        3265 |        4134 |           351 |             357 |
--------------------------------------------------------------------------------



COST SAVING AND CASH FLOW GENERATING MEASURES                                   

The cost saving program targeting fixed cost savings of at least EUR 50 million 
in 2009 is progressing according to plan.                                       

At the end of the second quarter, the Group's workforce had decreased by 772    
persons to 3265 persons and fixed costs were at a 29% lower level compared to   
the level in the third quarter of 2008. The Group's headcount is expected to    
decrease further to around 3,100 persons at year-end 2009.                      

Cash flow generating measures focus on maintaining a restrictive capital        
expenditure regime and tightly managing working capital and credit control.     
                                                                                
Contingency plans have been developed for each country to be able to act rapidly
upon further market decline.                                                    


DEVELOPMENT BY OPERATING SEGMENT                                                

Ramirent has adopted IFRS 8 (Operating segments) as of 1 January, 2009. The     
specification of assets by operating segment is presented in the notes to the   
interim financial report.                                                       

Finland                                                                         

In Finland, net sales decreased 14% to EUR 62.6 (72.7) million. Signs of        
contraction were seen especially in Northern Finland and in the capital area.   
The demand for rental equipment used for renovation work and scaffolding        
projects remained on a good level. The operating profit (EBIT) was EUR 5.8      
(16.3) million representing a margin of 9.2% (22.5%). Profitability weakened due
to the rapid decline in sales, but improved in the second quarter as the impact 
of cost saving actions started to materialise. Second quarter net sales declined
14% to EUR 33.8 (39.3) million with an operating margin of 14.4% (25.0%).       

Sweden                                                                          

In Sweden, net sales decreased 26% to EUR 64.7 (87.1) million or 14% at constant
currency. Signs of contraction were seen in various geographical areas          
especially in Southern Sweden. The operating profit (EBIT) was EUR 12.2 (19.3)  
million representing a margin of 18.8% (22.2%). Profitability weakened due to   
the decline in sales, but was supported by rapid reduction in costs for         
outsourced services and external workforce. Second quarter net sales declined   
28% to EUR 32.6 (45.4) million with an operating margin of 21.1% (22.6%).       

Norway                                                                          

In Norway, net sales decreased 29% to EUR 54.1 (75.6) million or 20% at constant
currency. Signs of contraction were seen throughout the country, but especially 
pronounced in the capital city area. The operating profit (EBIT) was EUR 5.9    
(14.8) million representing a margin of 10.9% (19.5%). Profitability was        
burdened by intensified price competition in certain product areas. The full    
impact of ongoing cost saving actions has not yet materialised. Second quarter  
net sales decreased 35% to EUR 25.2 (38.5) million with an operating margin of  
13.4% (20.4%).                                                                  
                                                                                
Denmark                                                                         

In Denmark, net sales decreased 20% to EUR 22.9 (28.7) million reflecting the   
continued slowdown in Danish construction activity. The operating profit (EBIT) 
was EUR 0.4 (2.5) million representing a margin of 1.5% (8.7%). Intense price   
competition continued to burden profitability and the impact of ongoing cost    
saving actions has not yet fully materialised. Second quarter net sales         
decreased 23% to EUR 11.6 (15.0) million with an operating margin of 3.6%       
(11.1%).                                                                        

Europe East                                                                     

In Europe East (Russia, Estonia, Latvia, Lithuania and Ukraine), net sales      
decreased 51% to EUR 21.3 (43.5) million or -37% at constant currency. Net sales
decreased rapidly throughout all Europe East countries reflecting challenging   
market conditions. The operating profit (EBIT) was EUR -6.6 (7.9) million       
representing a margin of -31.1% (18.1%). Profitability was burdened both by the 
rapid decline in sales volume as well as lower price levels. A comprehensive    
restructuring program is underway in the Baltics to adjust operations to current
sales levels and to derive higher synergies. Right-sizing of the fleet and fleet
transfers to other Ramirent countries continues. Second quarter net sales       
declined 49% to EUR 12.0 (23.4) million with an operating margin of -27.4%      
(16.0%).                                                                        

Europe Central                                                                  

In Europe Central (Poland, Hungary, the Czech Republic and Slovakia), net sales 
decreased 19% to EUR 30.4 (37.6) million or -1% at constant currency. Net sales 
decreased slightly in Poland, whilst the other countries posted a small sales   
growth. Sales growth is supported by expanding the product portfolio in Europe  
Central in accordance with Ramirent's concept of being a one-stop-shop solutions
provider in all of its countries. The operating profit (EBIT) was EUR 2.3 (3.5) 
million representing a margin of 7.5% (9.3%). Profitability was burdened by     
intensified price competition in certain product areas and higher depreciations.
Second quarter net sales declined 22% to EUR 16.3 (21.0) million while the      
operating margin rose to 9.5% (9.3%).                                           


SHARES                                                                          

Trading in the share                                                            

Ramirent Plc's market capitalization at the end of the review period was EUR 475
(720) million. At the end of the review period trading closed at EUR 4.37       
(6.62). The highest quotation for the period was EUR 4.88 (12.68), and the      
lowest EUR 2.35 (6.55). The average trading price was EUR 3.49 (9.84).          

The value of share turnover during the review period was EUR 117 (711) million  
equivalent to 33,799,127 (72,590,423) traded Ramirent shares, i.e. 31% (67%) of 
Ramirent's total number of shares.                                              

Share capital and number of shares                                              

At the end of the review period, Ramirent Plc's share capital was EUR 25,000,000
and the total number of Ramirent shares was 108,697,328.                        

Own shares                                                                      

Ramirent Plc did not hold any of its own shares during the period under review. 


EVENTS AFTER THE REVIEW PERIOD                                                  

Ramirent's Capital Market Day 2009                                              

On 11 June, 2009 Ramirent hosted a Capital Market Day in Helsinki focusing on   
Group strategic priorities, presentations by Group management members on the    
different segments and a presentation on Ramirent operations in Russia. A       
recording of the event and the presentation material is available on the company
website at www.ramirent.com.                                                    

Ramirent secured a five-year term loan facility                                 

On 14 July, 2009 Ramirent Plc's syndicated credit facility agreement was amended
in part to expire in July 2014 and introducing a EUR 100 million syndicated     
amortising five-year term loan facility to be utilised for repayment of loans   
maturing in the first half of year 2010. The syndicate lenders include Nordea,  
Sampo Bank plc and Varma Mutual Pension Insurance Company. After the arrangement
Ramirent has committed back-up loan facilities for a total of EUR 410 million.  


CHANGES IN GROUP MANAGEMENT                                                     
CFO Heli Iisakka, informed the Company on 20 May 2009 that she has decided to   
leave her position at Ramirent for a leading position in another industry       
effective 19 August 2009. Ms. Iisakka has been CFO and a member of Ramirent's   
Group management team since 2006.                                               

A search is underway for a new CFO. Mr. Jonas Söderkvist, an executive at       
Nordstjernan, will act as CFO in the interim.                                   

Mikael Öberg, Senior Vice President, Scandinavia in the Ramirent Group, informed
the Company on 12 May 2009 that he has decided to leave Ramirent for a leading  
position in another industry effective 10 November 2009. The search for a       
successor is underway.                                                          


GROUP STRUCTURE                                                                 

As part of the restructuring programme underway in the Baltics, Ramirent will   
merge its three subsidiaries in the Baltic countries into one, which will be    
headed by one Managing Director for the Baltic region with one head office.     

In order to simplify its Group legal structure to better reflect the current    
management structure, Ramirent announced on 30 June, 2009 the partial demerger  
of Ramirent Europe Oy, the holding company for its subsidiaries located in the  
Europe East and Europe Central segments. In the partial demerger, the           
subsidiaries located in Central and Eastern Europe, except for Russia and       
Ukraine, will be transferred to Ramirent Plc. The Russian and Ukrainian         
subsidiaries will remain under the ownership of Ramirent Europe Oy. The partial 
demerger is expected to be completed on 1 January 2010.                         


ESSENTIAL RISKS AFFECTING RAMIRENT'S OPERATIONS                                 

Ramirent is subject to various business risks. Certain risk factors are deemed  
to be of material importance to the future development of Ramirent. Risks are   
evaluated in relation to achievement of the Company's financial and strategic   
targets. Overall Ramirent expects that the risk exposure has increased due to   
the turmoil in the financial markets and the economic cycle of the construction 
markets.                                                                        

The main risks affecting Ramirent's business operations, its profitability and  
financial position are those connected with the economic cycles of the          
construction industry and the increased competition in the rental sector in its 
operating countries. The main risks are described in the annual report 2008.    

MARKET AND RAMIRENT OUTLOOK                                                     

Forecasts indicate construction volumes to decline significantly in most of     
Ramirent's operating countries in 2009. Ramirent expects also the equipment     
rental market environment to remain difficult throughout the rest of the year.  
As customers' order intake is low and long-term projects are being finalised,   
Ramirent foresees worsened market conditions in the Nordic countries and also in
Central Europe during the second half of 2009. The financial outlook for 2009 is
unchanged. Due to the high level of uncertainty, no profit guidance is given.   

Ramirent's near-term priority is to safeguard profitability and cash flow in    
order to amortize debt. Focus lies on implementing cost saving actions,         
continuing to right-size fleet capacity and re-allocating fleet between markets 
as well as other measures to enhance cash flow. We have developed contingency   
plans to address the risk of further market decline.                            

In the long-term the equipment rental sector continues to enjoy significant     
strengths. Although a cyclical and capital-intensive sector, the business       
remains cash generative and cash flow is reinforced by reduced investment       
spending in a downturn. Our goal is to maintain market leading positions in the 
countries where we are present and continue our long-term profitable growth,    
however, by maintaining risk control.                                           



FORWARD-LOOKING STATEMENTS                                                      

It should be noted that certain statements in this report, which are not        
historical facts, including, without limitation, those regarding                
expectations for general economic development and market situation;             
regarding customer industry profitability and investment willingness; for       
company growth, development and profitability; regarding cost savings; regarding
fluctuations in exchange rates and interest levels; regarding the success of    
pending and future acquisitions and restructurings; and statements preceded by  
"believes," "expects," "anticipates," "foresees" or similar expressions, are    
forward-looking statements.                                                     

These statements are based on current expectations, and currently known facts.  
Therefore, they involve risks and uncertainties, which may cause actual results 
to materially differ from the results currently expected by the company.        


SUMMARY FINANCIAL STATEMENTS AND NOTES                                          

The interim financial statements have been prepared in accordance with          
International Accounting Standards (IAS) 34 Interim Financial reporting, as     
adopted by the EU.                                                              

As of 1 January 2009 Ramirent applies the following new and revised standards:  
IFRS 8 Operating Segments and IAS 1 Presentation of Financial Statements.       
Otherwise the same accounting principles have been applied as in the 2008       
Financial Statements. Key financial figure calculations remain unchanged and    
have been presented in the 2008 financial statements.                           



--------------------------------------------------------------------------------
| INCOME STATEMENT        |        |         |         |          |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| (EUR 1,000)             | 4-6/09 |  4-6/08 |  1-6/09 |   1-6/08 |    1-12/08 |
--------------------------------------------------------------------------------
|                         |        |         |         |          |            |
--------------------------------------------------------------------------------
| Net sales               |    124 | 180 828 | 246 814 |  342 904 |    702 635 |
|                         |    600 |         |         |          |            |
--------------------------------------------------------------------------------
| Other operating income  |    537 |   1 144 |   1 162 |    2 802 |      3 817 |
--------------------------------------------------------------------------------
| Total                   |    125 | 181 973 | 247 976 |  345 706 |    706 452 |
|                         |    137 |         |         |          |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Materials and services  |    -37 | -52 008 | -72 533 |  -99 335 |   -208 186 |
|                         |    160 |         |         |          |            |
--------------------------------------------------------------------------------
| Employee benefit        |    -30 | -43 851 | -64 795 |  -86 742 |   -176 372 |
| expenses                |    110 |         |         |          |            |
--------------------------------------------------------------------------------
| Depreciation and        |    -22 | -24 486 | -45 751 |  -47 092 |   -109 107 |
| amortisation            |    621 |         |         |          |            |
--------------------------------------------------------------------------------
| Other operating         |    -21 | -26 099 | -44 201 |  -47 556 |   -133 074 |
| expenses                |    740 |         |         |          |            |
--------------------------------------------------------------------------------
| Operating profit        | 13 507 |  35 529 |  20 696 |   64 981 |     79 713 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Financial income        |  1 862 |   2 225 |  10 386 |    4 669 |     22 658 |
--------------------------------------------------------------------------------
| Financial expenses      | -4 030 |  -7 495 | -18 794 |  -13 224 |    -51 713 |
--------------------------------------------------------------------------------
| Profit before taxes     | 11 339 |  30 259 |  12 288 |   56 426 |     50 658 |
--------------------------------------------------------------------------------
| Income taxes            | -2 866 |  -8 583 |  -3 281 |  -15 270 |    -16 944 |
--------------------------------------------------------------------------------
| NET PROFIT FOR THE      |  8 472 |  21 676 |   9 007 |   41 156 |     33 715 |
| PERIOD                  |        |         |         |          |            |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Profit for the period   |        |         |         |          |            |
| attributable to:        |        |         |         |          |            |
--------------------------------------------------------------------------------
| Owners of the parent    |  8 472 |  21 676 |   9 007 |   41 156 |     33 715 |
--------------------------------------------------------------------------------
| Non-controlling         |      - |       - |       - |        - |          - |
| interests               |        |         |         |          |            |
--------------------------------------------------------------------------------
| Total                   |  8 472 |  21 676 |   9 007 |   41 156 |     33 715 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings per share      |   0.08 |    0.20 |    0.08 |     0.38 |       0.31 |
| (EPS), basic and        |        |         |         |          |            |
| diluted, EUR            |        |         |         |          |            |
--------------------------------------------------------------------------------



--------------------------------------------------------------------------------
| STATEMENT OF COMPREHENSIVE |         |         |         |         |         |
| INCOME                     |         |         |         |         |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| (EUR 1,000)                |  4-6/09 |  4-6/08 |  1-6/09 |  1-6/08 | 1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NET PROFIT FOR THE PERIOD  |   8 472 |  21 676 |   9 007 |  41 156 |  33 715 |
--------------------------------------------------------------------------------
| Other comprehensive        |         |         |         |         |         |
| income:                    |         |         |         |         |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Fair value adjustment of   |     950 |   2 962 |    -432 |   2 028 |  -3 885 |
| interest rate SWAPs        |         |         |         |         |         |
--------------------------------------------------------------------------------
| Translation differences    |   3 857 |   4 008 |   6 136 |   2 778 | -36 408 |
--------------------------------------------------------------------------------
| Income tax relating to     |    -247 |    -770 |     112 |    -527 |   1 010 |
| components of other        |         |         |         |         |         |
| comprehensive income       |         |         |         |         |         |
--------------------------------------------------------------------------------
| Other comprehensive income |   4 561 |   6 200 |   5 817 |   4 279 | -39 283 |
| for the year, net of tax   |         |         |         |         |         |
--------------------------------------------------------------------------------
| TOTAL COMPREHENSIVE        |  13 033 |  27 876 |  14 824 |  45 435 |  -5 568 |
| INCOME/EXPENSE FOR THE     |         |         |         |         |         |
| YEAR                       |         |         |         |         |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Total comprehensive income |         |         |         |         |         |
| for the period             |         |         |         |         |         |
| attributable to:           |         |         |         |         |         |
--------------------------------------------------------------------------------
| Owners of the parent       |  13 033 |  27 876 |  14 824 |  45 436 |  -5 568 |
--------------------------------------------------------------------------------
| Non controlling interests  |       - |       - |       - |      -1 |       - |
--------------------------------------------------------------------------------
| Total                      |  13 033 |  27 876 |  14 824 |  45 435 |  -5 568 |
--------------------------------------------------------------------------------


Statement of financial position, assets                                         

--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| ASSETS                          |              |             |               |
--------------------------------------------------------------------------------
| (EUR 1,000)                     |    30.6.2009 |   30.6.2008 |    31.12.2008 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NON-CURRENT ASSETS              |              |             |               |
--------------------------------------------------------------------------------
| Tangible assets                 |      491 906 |     608 699 |       528 780 |
--------------------------------------------------------------------------------
| Goodwill                        |       83 309 |     105 493 |        87 398 |
--------------------------------------------------------------------------------
| Other intangible assets         |        6 383 |       2 078 |         6 986 |
--------------------------------------------------------------------------------
| Available-for-sale investments  |          135 |          95 |            79 |
--------------------------------------------------------------------------------
| Deferred tax assets             |        8 495 |       3 032 |         6 117 |
--------------------------------------------------------------------------------
| NON-CURRENT ASSETS, TOTAL       |      590 228 |     719 397 |       629 359 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CURRENT ASSETS                  |              |             |               |
--------------------------------------------------------------------------------
| Inventories                     |       15 092 |      25 939 |        21 258 |
--------------------------------------------------------------------------------
| Trade and other receivables     |       87 909 |     134 772 |        99 055 |
--------------------------------------------------------------------------------
| Income tax receivables on the   |          542 |       3 078 |           377 |
| taxable income for the          |              |             |               |
| financial period                |              |             |               |
--------------------------------------------------------------------------------
| Cash and cash equivalents       |        1 649 |       1 996 |         2 072 |
--------------------------------------------------------------------------------
| CURRENT ASSETS, TOTAL           |      105 191 |     165 785 |       122 762 |
--------------------------------------------------------------------------------
| Non-current assets held for     |          559 |         554 |           559 |
| sale                            |              |             |               |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| TOTAL ASSETS                    |      695 978 |     885 736 |       752 679 |
--------------------------------------------------------------------------------



Equity and liabilities                                                          

--------------------------------------------------------------------------------
| (EUR 1,000)                    |  30.6.2009 |    30.6.2008 |      31.12.2008 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| EQUITY                         |            |              |                 |
--------------------------------------------------------------------------------
| Share capital                  |     25 000 |       11 685 |          25 000 |
--------------------------------------------------------------------------------
| Share premium fund             |          - |      126 644 |               - |
--------------------------------------------------------------------------------
| Free equity fund               |    113 329 |              |         113 329 |
--------------------------------------------------------------------------------
| Retained earnings              |    157 590 |      193 769 |         142 766 |
--------------------------------------------------------------------------------
| PARENT COMPANY SHAREHOLDERS'   |    295 919 |      332 098 |         281 095 |
| EQUITY                         |            |              |                 |
--------------------------------------------------------------------------------
| Minority interests             |          - |            - |               - |
--------------------------------------------------------------------------------
| EQUITY, TOTAL                  |    295 919 |      332 098 |         281 095 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| NON-CURRENT LIABILITIES        |            |              |                 |
--------------------------------------------------------------------------------
| Deferred tax liabilities       |     45 420 |       46 129 |          46 273 |
--------------------------------------------------------------------------------
| Pension obligations            |      7 610 |        8 348 |           7 030 |
--------------------------------------------------------------------------------
| Provisions                     |      6 201 |          884 |           6 929 |
--------------------------------------------------------------------------------
| Interest-bearing liabilities   |    184 820 |      266 979 |         275 731 |
--------------------------------------------------------------------------------
| NON-CURRENT LIABILITIES, TOTAL |    244 051 |      322 340 |         335 962 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| CURRENT LIABILITIES            |            |              |                 |
--------------------------------------------------------------------------------
| Trade payables and other       |     68 470 |      105 265 |          81 445 |
| liabilities                    |            |              |                 |
--------------------------------------------------------------------------------
| Provisions                     |     12 296 |          299 |          17 452 |
--------------------------------------------------------------------------------
| Income tax liabilities on the  |      3 619 |       17 199 |           7 401 |
| taxable income for the         |            |              |                 |
| financial period               |            |              |                 |
--------------------------------------------------------------------------------
| Interest-bearing liabilities   |     71 625 |      108 535 |          29 325 |
--------------------------------------------------------------------------------
| CURRENT LIABILITIES, TOTAL     |    156 008 |      231 298 |         135 622 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| LIABILITIES, TOTAL             |    400 059 |      553 638 |         471 584 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| TOTAL EQUITY AND LIABILITIES   |    695 978 |      885 736 |         752 679 |
--------------------------------------------------------------------------------



Statement of changes in equity                                                  

A = Share Capital	                                                              
B = Share Premium Fund	                                                         
C = Free equity fund                                                            
D = Translation differences                                                     
E = Revaluation fund                                                            
F = Retained earnings                                                           
G = Entries on non-current assets held for sale                                 
H = Minority interest                                                           
I = Total equity                                                                

1) Equity 1.1.2008                                                              
2) Equity 30.6.2008                                                             
3) Equity 31.12.2008                                                            
4) Equity 30.6.2009                                                             
5) Change in minority (net) 1-6/2008                                            
6) Dividend distribution 1-6/2008                                               
7) Total comprehensive income for the period                                    
8) Reduction of share premium fund 7-12/2008                                    


--------------------------------------------------------------------------------
|    |     A |     B |      C |      D |     E |      F |    G |    H |      I |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 1) | 11685 | 12664 |      - |   2900 |  -132 | 199779 |  136 |  107 | 341119 |
|    |       |     4 |        |        |       |        |      |      |        |
--------------------------------------------------------------------------------
| 5) |     - |     - |      - |      - |     - |      - |    - | -107 |   -107 |
--------------------------------------------------------------------------------
| 6) |     - |     - |      - |      - |     - | -54349 |    - |    - | -54349 |
--------------------------------------------------------------------------------
| 7) |     - |     - |      - |   2778 |  1501 |  41156 |    - |    - |  45435 |
--------------------------------------------------------------------------------
| 2) | 11685 | 12664 |      - |   5678 |  1369 | 186586 |  136 |    - | 332098 |
|    |       |     4 |        |        |       |        |      |      |        |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 8) | 13315 | -1266 | 113329 |      - |     - |      - |    - |    - |      - |
|    |       |    44 |        |        |       |        |      |      |        |
--------------------------------------------------------------------------------
| 7) |     - |     - |      - | -39186 | -4376 |  -7441 |    - |    - | -51003 |
--------------------------------------------------------------------------------
| 3) | 25000 |     - | 113329 | -33508 | -3007 | 179145 |  136 |    - | 281095 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| 7) |     - |     - |      - |   6136 |  -319 |   9007 |    - |    - |  14824 |
--------------------------------------------------------------------------------
| 4) | 25000 |     - | 113329 | -27372 | -3326 | 188152 |  136 |    - | 295918 |
--------------------------------------------------------------------------------





Condensed cash flow statement                                                   
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| (EUR million)                                |  1-6/09 |   1-6/08 |  1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow from operating activities          |    41,7 |     59,7 |    168,5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow from investing activities          |     4,0 |   -144,4 |   -161,5 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash flow from financing activities          |         |          |          |
--------------------------------------------------------------------------------
|   Borrowings / repayments of short-term debt |    -9,0 |     25,3 |    -39,4 |
--------------------------------------------------------------------------------
|    Borrowings / repayments of long-term debt |   -37,1 |    114,5 |     87,6 |
--------------------------------------------------------------------------------
|    Dividends paid                            |       - |    -54,3 |    -54,3 |
--------------------------------------------------------------------------------
| Cash flow from financing activities          |   -46,1 |     85,5 |     -6,1 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Net change in cash and cash equivalents      |    -0,4 |      0,8 |      0,9 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Cash and cash equivalents at the beginning   |     2,1 |      1,2 |      1,2 |
| of the period                                |         |          |          |
--------------------------------------------------------------------------------
| Translation difference on cash and cash      |    -0,1 |        - |      0,1 |
| equivalents                                  |         |          |          |
--------------------------------------------------------------------------------
| Net change in cash and cash equivalents      |    -0,3 |      0,8 |      0,7 |
--------------------------------------------------------------------------------
| Cash and cash equivalents at the end of the  |     1,6 |      2,4 |      2,1 |
| period                                       |         |          |          |
--------------------------------------------------------------------------------


Key financial figures                                                           

--------------------------------------------------------------------------------
|                                       |     1-6/09 |     1-6/08 |    1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Interest-bearing debt, (EUR million)  |      256,4 |      375,5 |      305,1 |
--------------------------------------------------------------------------------
| Net debt, (EUR million)               |      254,8 |      373,5 |      303,0 |
--------------------------------------------------------------------------------
| Invested capital (EUR million), end   |      552,4 |      707,6 |      586,2 |
| of period                             |            |            |            |
--------------------------------------------------------------------------------
| Return on invested capital (ROI), %   |     10,1 % |     25,8 % |     17,5 % |
| 1)                                    |            |            |            |
--------------------------------------------------------------------------------
| Gearing, %                            |     86,1 % |    112,5 % |    107,8 % |
--------------------------------------------------------------------------------
| Equity ratio, %                       |     42,5 % |     37,5 % |     37,4 % |
--------------------------------------------------------------------------------
| Personnel, average                    |      3 484 |      3 996 |      4 006 |
--------------------------------------------------------------------------------
| Personnel, end of period              |      3 265 |      4 134 |      3 894 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Gross investments in non-current      |        7,3 |      173,1 |      201,3 |
| assets (EUR million)                  |            |            |            |
--------------------------------------------------------------------------------
| Gross investments, % of net sales     |      3,0 % |     50,5 % |     34,3 % |
--------------------------------------------------------------------------------


The definitions of the key figures are in the Annual report 2008                
1) The figures are calculated on a rolling twelve moth basis                    


Share-related key figures                                                       
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
|                                  |      1-6/09 |       1-6/08 |      1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Earnings per share (EPS)         |        0,08 |         0,38 |         0,31 |
| weighted average, diluted, EUR   |             |              |              |
--------------------------------------------------------------------------------
| Earnings per share (EPS)         |        0,08 |         0,38 |         0,31 |
| weighted average, non-diluted,   |             |              |              |
| EUR                              |             |              |              |
--------------------------------------------------------------------------------
| Equity per share, end of period, |        2,72 |            - |         2,59 |
| diluted, EUR                     |             |              |              |
--------------------------------------------------------------------------------
| Equity per share, end of period, |        2,72 |         3,06 |         2,59 |
| non-diluted, EUR                 |             |              |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Number of shares (weighted       | 108 697 328 |            - |  108 697 750 |
| average), diluted                |             |              |              |
--------------------------------------------------------------------------------
| Number of shares (weighted       | 108 697 328 |  108 698 174 |  108 697 750 |
| average), non-diluted            |             |              |              |
--------------------------------------------------------------------------------
| Number of shares (end of         | 108 697 328 |            - |  108 697 328 |
| period), diluted                 |             |              |              |
--------------------------------------------------------------------------------
| Number of shares (end of         | 108 697 328 |  108 697 328 |  108 697 328 |
| period), non-diluted             |             |              |              |
--------------------------------------------------------------------------------
NOTES TO THE INTERIM FINANCIAL STATEMENTS                                       

Segment information                                                             

Segment information is presented according to the IFRS standards. Items below   
EBIT (financial items and taxes) are not allocated to the segments.             


Net sales                                                                       

--------------------------------------------------------------------------------
| (EUR million)                        | 1-6/09  |   1-6/08    |       1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                              |         |             |               |
--------------------------------------------------------------------------------
| - Net sales (external)               |    60,4 |        72,2 |         153,9 |
--------------------------------------------------------------------------------
| - Inter-segment sales                |     2,2 |         0,4 |           0,5 |
--------------------------------------------------------------------------------
| Sweden                               |         |             |               |
--------------------------------------------------------------------------------
| - Net sales (external)               |    64,2 |        87,1 |         171,3 |
--------------------------------------------------------------------------------
| - Inter-segment sales                |     0,4 |           - |           0,1 |
--------------------------------------------------------------------------------
| Norway                               |         |             |               |
--------------------------------------------------------------------------------
| - Net sales (external)               |    54,1 |        75,6 |         145,9 |
--------------------------------------------------------------------------------
| - Inter-segment sales                |       - |           - |           0,1 |
--------------------------------------------------------------------------------
| Denmark                              |         |             |               |
--------------------------------------------------------------------------------
| - Net sales (external)               |    21,2 |        28,7 |          57,8 |
--------------------------------------------------------------------------------
| - Inter-segment sales                |     1,7 |           - |           1,3 |
--------------------------------------------------------------------------------
| Europe Group East                    |         |             |               |
--------------------------------------------------------------------------------
| - Net sales (external)               |    16,8 |        41,8 |          85,9 |
--------------------------------------------------------------------------------
| - Inter-segment sales                |     4,4 |         1,6 |           4,0 |
--------------------------------------------------------------------------------
| Europe Group Central                 |         |             |               |
--------------------------------------------------------------------------------
| - Net sales (external)               |    30,1 |        37,4 |          87,9 |
--------------------------------------------------------------------------------
| - Inter-segment sales                |     0,3 |         0,2 |           0,8 |
--------------------------------------------------------------------------------
| Elimination of sales between         |    -9,0 |        -2,3 |          -6,7 |
| segments                             |         |             |               |
--------------------------------------------------------------------------------
| Net sales, total                     |   246,8 |       342,9 |         702,6 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Other operating income               |     1,2 |         2,8 |           3,8 |
--------------------------------------------------------------------------------


Operating profit                                                                
--------------------------------------------------------------------------------
| (EUR million)                       |  1-6/09 |       1-6/08 |       1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                             |     5,8 |         16,3 |          30,5 |
--------------------------------------------------------------------------------
| % of net sales                      |   9,2 % |       22,5 % |        19,8 % |
--------------------------------------------------------------------------------
| Sweden                              |    12,2 |         19,3 |          29,9 |
--------------------------------------------------------------------------------
| % of net sales                      |  18,8 % |       22,2 % |        17,4 % |
--------------------------------------------------------------------------------
| Norway                              |     5,9 |         14,8 |          15,1 |
--------------------------------------------------------------------------------
| % of net sales                      |  10,9 % |       19,5 % |        10,4 % |
--------------------------------------------------------------------------------
| Denmark                             |     0,4 |          2,5 |           0,7 |
--------------------------------------------------------------------------------
| % of net sales                      |   1,5 % |        8,7 % |         1,1 % |
--------------------------------------------------------------------------------
| Europe Group East                   |    -6,6 |          7,9 |          -1,4 |
--------------------------------------------------------------------------------
| % of net sales                      | -31,1 % |       18,1 % |        -1,5 % |
--------------------------------------------------------------------------------
| Europe Group Central                |     2,3 |          3,5 |           8,4 |
--------------------------------------------------------------------------------
| % of net sales                      |   7,5 % |        9,3 % |         9,5 % |
--------------------------------------------------------------------------------
| Net items not allocated to          |     0,9 |          0,7 |          -3,5 |
| operating segments                  |         |              |               |
--------------------------------------------------------------------------------
| Group operating profit              |    20,7 |         65,0 |          79,7 |
--------------------------------------------------------------------------------
| % of net sales                      |   8,4 % |       19,0 % |        11,4 % |
--------------------------------------------------------------------------------
Depreciation, amortisation and impairment charges                               

--------------------------------------------------------------------------------
| (EUR million)                        |  1-6/09 |      1-6/08 |       1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                              |     7,6 |         7,5 |          16,7 |
--------------------------------------------------------------------------------
| Sweden                               |    10,0 |        11,4 |          24,8 |
--------------------------------------------------------------------------------
| Norway                               |     8,5 |         9,3 |          18,4 |
--------------------------------------------------------------------------------
| Denmark                              |     4,5 |         4,2 |           8,5 |
--------------------------------------------------------------------------------
| Europe Group East                    |     8,5 |         8,9 |          25,6 |
--------------------------------------------------------------------------------
| Europe Group Central                 |     6,9 |         5,8 |          15,2 |
--------------------------------------------------------------------------------
| Unallocated items and eliminations   |    -0,1 |        -0,1 |          -0,1 |
--------------------------------------------------------------------------------
| Total                                |    45,8 |        47,1 |         109,1 |
--------------------------------------------------------------------------------


Capital expenditure                                                             
--------------------------------------------------------------------------------
| (EUR million)                        |  1-6/09 |      1-6/08 |       1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                              |     5,2 |        21,5 |          28,9 |
--------------------------------------------------------------------------------
| Sweden                               |     0,7 |        35,4 |          34,7 |
--------------------------------------------------------------------------------
| Norway                               |     1,4 |        21,8 |          25,1 |
--------------------------------------------------------------------------------
| Denmark                              |     0,1 |        10,1 |          13,1 |
--------------------------------------------------------------------------------
| Europe Group East                    |     0,3 |        32,2 |          40,6 |
--------------------------------------------------------------------------------
| Europe Group Central                 |     5,0 |        53,7 |          64,3 |
--------------------------------------------------------------------------------
| Unallocated items and eliminations   |    -5,4 |        -2,7 |          -5,4 |
--------------------------------------------------------------------------------
| Total                                |     7,3 |       172,1 |         201,3 |
--------------------------------------------------------------------------------


Assets allocated to segments                                                    
--------------------------------------------------------------------------------
| (EUR million)                        |  1-6/09 |      1-6/08 |       1-12/08 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland                              |   154,0 |       148,4 |         144,6 |
--------------------------------------------------------------------------------
| Sweden                               |   154,4 |       203,5 |         163,7 |
--------------------------------------------------------------------------------
| Norway                               |   135,4 |       172,5 |         137,1 |
--------------------------------------------------------------------------------
| Denmark                              |    59,1 |        73,9 |          67,3 |
--------------------------------------------------------------------------------
| Europe Group East                    |   119,2 |       160,8 |         139,6 |
--------------------------------------------------------------------------------
| Europe Group Central                 |   120,3 |       154,6 |         133,4 |
--------------------------------------------------------------------------------
| Unallocated items and eliminations   |   -46,4 |       -28,7 |         -33,5 |
--------------------------------------------------------------------------------
| Total                                |   696,0 |       885,1 |         752,2 |
--------------------------------------------------------------------------------


Changes in non-currents assets                                                  
--------------------------------------------------------------------------------
| EUR 1000               |           |                |              |         |
--------------------------------------------------------------------------------
|                        | 30.6.2009 |      30.6.2008 |   31.12.2008 |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| OPENING BALANCE        |   623 242 |        584 837 |      585 539 |         |
--------------------------------------------------------------------------------
| Depreciation           |   -45 751 |        -47 092 |     -109 107 |         |
--------------------------------------------------------------------------------
| Additions:             |           |                |              |         |
--------------------------------------------------------------------------------
| Machinery&Equipment    |     6 355 |        139 240 |      164 803 |         |
--------------------------------------------------------------------------------
| Other Additions        |       966 |          1 305 |        3 417 |         |
--------------------------------------------------------------------------------
| Acquired group         |         _ |         31 514 |       33 039 |         |
| companies              |           |                |              |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Disposals (sales)      |    -5 464 |         -6 423 |      -13 479 |         |
--------------------------------------------------------------------------------
| Other *                |     2 384 |          6 210 |      -40 978 |         |
--------------------------------------------------------------------------------
| CLOSING BALANCE        |   581 733 |        709 592 |      623 242 |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-current assets     |       558 |            554 |          558 |         |
| held for sale          |           |                |              |         |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| * Other includes translation differences, reclassifications, changes         |
--------------------------------------------------------------------------------
|   in estimated consideration for acquisitions.      |              |         |
--------------------------------------------------------------------------------


Commitments and contingent liabilities                                          
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| (EUR million)                |   30.6.2009 |        30.6.2008 |   31.12.2008 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Real estate mortgages        |           - |              0,2 |          0,2 |
--------------------------------------------------------------------------------
| Interest-bearing debt for    |           - |              0,1 |          0,1 |
| which the above collateral   |             |                  |              |
| is given                     |             |                  |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Floating charges             |           - |              2,1 |          1,7 |
--------------------------------------------------------------------------------
| Other pledged assets         |         4,1 |                - |          4,4 |
--------------------------------------------------------------------------------
| Interest-bearing debt for    |         4,1 |              0,8 |          4,4 |
| which the above collateral   |             |                  |              |
| is given                     |             |                  |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Suretyships                  |         2,6 |              3,4 |          3,0 |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Committed investments in     |         0,1 |             35,0 |          0,2 |
| non-current assets           |             |                  |              |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Non-cancellable minimum      |       151,4 |            151,1 |        169,2 |
| future operating lease       |             |                  |              |
| payments                     |             |                  |              |
--------------------------------------------------------------------------------
| Non-cancellable minimum      |         0,4 |              1,8 |          0,2 |
| future finance lease         |             |                  |              |
| payments                     |             |                  |              |
--------------------------------------------------------------------------------
| Finance lease debt in the    |        -0,4 |             -1,7 |         -0,9 |
| balance sheet                |             |                  |              |
--------------------------------------------------------------------------------
| Non-cancellable minimum      |       151,4 |            151,2 |        168,5 |
| future lease payments        |             |                  |              |
| off-balance sheet            |             |                  |              |
--------------------------------------------------------------------------------
| Obligations arising from     |             |                  |              |
| derivative instruments:      |             |                  |              |
--------------------------------------------------------------------------------
| Nominal value of underlying  |       169,0 |            121,9 |        118,2 |
| object                       |             |                  |              |
--------------------------------------------------------------------------------
| Fair value of the derivative |        -4,5 |              1,8 |         -4,1 |
| instruments                  |             |                  |              |
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
| QUARTERLY SEGMENT INFORMATION   |          |           |          |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| (EUR million)         |         |          |           |          |          |
--------------------------------------------------------------------------------
| Net sales             |  4-6/09 |   1-3/09 |    4-6/08 |   1-3/08 | 1-12/08  |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Finland               |    33,8 |     28,7 |      39,3 |     33,4 |    154,4 |
--------------------------------------------------------------------------------
| Sweden                |    32,6 |     32,0 |      45,4 |     41,7 |    171,4 |
--------------------------------------------------------------------------------
| Norway                |    25,2 |     28,9 |      38,5 |     37,1 |    145,9 |
--------------------------------------------------------------------------------
| Denmark               |    11,6 |     11,3 |      15,0 |     13,7 |     59,0 |
--------------------------------------------------------------------------------
| Europe Group East     |    12,0 |      9,3 |      23,4 |     20,0 |     89,9 |
--------------------------------------------------------------------------------
| Europe Group Central  |    16,3 |     14,1 |      21,0 |     16,6 |     88,7 |
--------------------------------------------------------------------------------
| Sales between         |    -6,9 |     -2,1 |      -1,8 |     -0,5 |     -6,7 |
| segments              |         |          |           |          |          |
--------------------------------------------------------------------------------
| Net sales, total      |   124,6 |    122,2 |     180,8 |    162,1 |    702,6 |
--------------------------------------------------------------------------------
| Other operating       |     0,5 |      0,6 |       1,1 |      1,7 |      3,8 |
| income                |         |          |           |          |          |
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
| Operating profit      |         |          |           |          |          |
--------------------------------------------------------------------------------
| Finland               |     4,9 |      0,9 |       9,8 |      6,5 |     30,5 |
--------------------------------------------------------------------------------
| % of net sales        |  14,4 % |    3,1 % |    25,0 % |   19,6 % |   19,8 % |
--------------------------------------------------------------------------------
| Sweden                |     6,9 |      5,3 |      10,3 |        9 |     29,9 |
--------------------------------------------------------------------------------
| % of net sales        |  21,1 % |   16,6 % |    22,6 % |   21,7 % |   17,4 % |
--------------------------------------------------------------------------------
| Norway                |     3,4 |      2,5 |       7,8 |      6,9 |     15,1 |
--------------------------------------------------------------------------------
| % of net sales        |  13,4 % |    8,7 % |    20,4 % |   18,6 % |   10,4 % |
--------------------------------------------------------------------------------
| Denmark               |     0,4 |     -0,1 |       1,7 |      0,8 |      0,7 |
--------------------------------------------------------------------------------
| % of net sales        |   3,6 % |   -0,6 % |    11,2 % |    5,9 % |    1,1 % |
--------------------------------------------------------------------------------
| Europe Group East     |    -3,3 |     -3,3 |       3,7 |      4,1 |     -1,4 |
--------------------------------------------------------------------------------
| % of net sales        | -27,4 % |  -35,8 % |    16,0 % |   20,6 % |   -1,5 % |
--------------------------------------------------------------------------------
| Europe Group Central  |     1,6 |      0,7 |         2 |      1,5 |      8,4 |
--------------------------------------------------------------------------------
| % of net sales        |   9,5 % |    5,1 % |     9,3 % |    9,2 % |    9,5 % |
--------------------------------------------------------------------------------
| Operating profit not  |    -0,4 |      1,2 |       0,2 |      0,6 |     -3,5 |
| allocated to segments |         |          |           |          |          |
--------------------------------------------------------------------------------
| Group operating       |    13,5 |      7,2 |      35,5 |     29,5 |     79,7 |
| profit                |         |          |           |          |          |
--------------------------------------------------------------------------------
| % of net sales        |  10,8 % |    5,9 % |    19,6 % |   18,2 % |   11,3 % |
--------------------------------------------------------------------------------




Ramirent has borrowing facilities which have equity ratio, leverage ratio and   
other financial covenants. Ramirent's financial ratios are better than these    
covenants.                                                                      

During the review period Ramirent has made no transactions with its related     
parties as defined in the Companies' Act, except for acquiring consultancy      
services from Nordstjernan. There are no outstanding balances between the       
Company and its related parties at the end of the review period.                

There are no pending legal cases, the impact of which could have a material     
effect on the figures reported in this interim report.                          


ANALYST AND PRESS BRIEFING, WEBCAST AND CONFERENCE CALL                         

A briefing for investment analysts and the press will be arranged on Wednesday, 
12 August 2009 at 11.00 a.m. (EEST) at Scandic Marski, cabinet Carl (visiting   
address: Mannerheimintie 10, Helsinki). You can also participate in the briefing
through a live webcast at www.ramirent.com and conference call. Dial-in number  
for conference call: +44(0)20 7162 0025. An on-demand recording of the webcast  
will be available at www.ramirent.com later the same day and the replay of the  
conference call is available for 48 hours at +44 (0)20 7031 4064 (access code   
840351).                                                                        


FINANCIAL CALENDAR 2009                                                         

Ramirent observes a silent period during the three-week period prior to         
publication of annual and interim financial results. Ramirent will report its   
quarterly results in 2009 on the following dates:                               

January - September Results	 	  11 November 2009 at 9:00 a.m.                   


The financial information in this stock exchange release has not been audited.  


Vantaa, 12 August 2009                                                          


RAMIRENT PLC                                                                    

Board of Directors                                                              


FURTHER INFORMATION:                                                            
CEO Magnus Rosén, Tel +358 20 750 2845, magnus.rosen@ramirent.com               
CFO Heli Iisakka, Tel +358 20 750 3248, heli.iisakka@ramirent.com               
IR Franciska Janzon, Tel +358 20 750 2859, franciska.janzon@ramirent.com	       

DISTRIBUTION:                                                                   
NASDAQ OMX Helsinki                                                             
Main news media                                                                 
www.ramirent.com                                                                

Ramirent is the leading machinery rental company in the Nordic countries and in 
Central and Eastern Europe. The Group has 3,300 employees at some 350 permanent 
outlets in thirteen countries. In 2008, Group net sales totalled EUR 703        
million. Ramirent is listed on the NASDAQ OMX Helsinki.

ramirent_interim report 1-6 2009.pdf